Monday, January 07, 2008

Lewis Hamilton signs $138million deal , nice birthday

Motor Authority Not a bad pay raise from the $700,000 that he made last year. Not saying that $700,000 is bad , but $27 million a year is a little better.

McLaren has moved to bind Lewis Hamilton to the team until at least 2012 by inking a (US) $138 million deal with the British youngster, according to reports. The British tabloid News of the World claims that Hamilton, who turns 23 on Monday, will make an average of more than $27 million per season for the next five years, despite making just $700,000 plus points bonuses while he raced to second place in the drivers’ championship in 2007.